FBR Recovers Rs 4.5 Billion in Tax From Multinational Company
Karachi, January 2, 2024 – The Federal Board of Revenue (FBR) has successfully recovered an outstanding tax amount of Rs 4.5 billion from a multinational company (MNC).
Karachi, January 2, 2024 – The Federal Board of Revenue (FBR) has successfully recovered an outstanding tax amount of Rs 4.5 billion from a multinational company (MNC).
Karachi, January 1, 2024 – Pakistan Customs has officially released the customs value of exported goods for the tax year 2024, as outlined in the updated Customs Act of 1990.
Karachi, January 1, 2024 – In a significant development, Pakistan has officially released the tax rates applicable to imported mobile phones for the tax year 2024.
Karachi, January 1, 2024 – The Sindh Revenue Board (SRB) has reported an extraordinary 35 percent growth in revenue collection for the first half (July – December) of the fiscal year 2023-24, marking a significant milestone in the province’s fiscal performance.
Karachi, December 31, 2023 – The Federal Board of Revenue (FBR), the apex tax collecting agency of Pakistan, has set a historic record by collecting Rs 1 trillion in a single month for the first time in the nation’s history.
Karachi, December 31, 2023 — The Federal Board of Revenue (FBR) has announced the tax rates applicable to new car purchases for the tax year 2024, with significant disparities between individuals listed on the Active Taxpayers List (ATL) and those not on the list.
Karachi, December 30, 2023 – In a significant move, the Sindh Revenue Board (SRB) has introduced a comprehensive procedure for making changes to the Computerized Payment Receipt (CPR).
Karachi, December 30, 2023 – The tax rates on property transactions, encompassing both sale and purchase, have been officially announced for the tax year 2024 in Pakistan.
Karachi, December 30, 2023 – The Federal Board of Revenue (FBR) has said that customs duties are applicable to the re-importation of goods produced or manufactured in Pakistan, as outlined in the updated Customs Act, 1969, for the tax year 2024.
Karachi, December 30, 2023 – The Federal Board of Revenue (FBR) has said that the responsibility for filing the income tax return of a deceased person lies with their legal representative. This announcement aims to dispel any misunderstandings surrounding the obligation to file tax returns in the unfortunate event of an individual’s passing. Official sources […]